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1. A responsibility center for which separate measures of revenues and costs are obtained is called a(n) ________.
cost center
contribution center
contribution margin center
segment
2. Financial performance of a manager is measured by ________. Financial performance of a segment is measured by ________.
contribution by segment; contribution margin
contribution margin; net income of segment
contribution controllable by segment manager; contribution by segment
contribution margin; contribution controllable by segment manager
The University of Chicago Press is wholly owned by the university. It performs the bulk of its work for other university departments, which pay as though the press were an outside business enterprise. Its job-costing system has two direct-cost catego..
Mr. and Mrs. Udall live in a home that Mrs. Udall inherited from her parents. This year, the Udalls took out a first mortgage on the home. Determine their itemized deduction for interest paid on the mortgage in each of the following cases: a. The int..
AMP, Inc., has invested $2,165,800 on equipment. The firm uses payback period criteria of not accepting any project that takes more than four years to recover costs. What is the payback period?
Leslie purchased 100 shares of GT, Inc. stock on Wednesday, July 7th. Marti purchased 100 shares of GT, Inc. stock on Thursday, July 8th. GT declared a dividend on June 20th to shareholders of record on July 12th and payable on August 1st. Neither Le..
If assets are $ 40,000 and stockholders’ equity is $ 10,000, how much are liabilities?
Paltron Company made an investment in another that guarantees cash flow $ 22,500 each year for the next 5 years. If the company uses a discount rate of 15% on their investments, what is the present value of this investment?
The major difference between a check and a draft is that:
on 1 july 2009 abc ltd acquired 85 of the share capital of xyz ltd by issuing 110000 shares.nbsp the market price of
Relative purchasing power parity states that nominal exchange rate fluctuations are due to: explain?
What is Barry's total profit or loss if the value of the yen in one month is 0.0070 euro? What is Barry's total profit or loss if the value of the yen in one month is $0.0090 euro?
A manager has decided to buy a widget. Two alternative financing methods are available: (A) use a financial lease or (B) purchase the widget using owner financing and borrowed capital. What is the present value of the lease payment (absolute value)? ..
Filer Manufacturing has 9.6 million shares of common stock outstanding. The current share price is $56, and the book value per share is $5. Filer Manufacturing also has two bond issues outstanding. What is Filer's capital structure weight of equity o..
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